Services rise at slowest pace (2)

13:31, December 06, 2011

"With price pressure easing further, China can and should use policies targeted toward small businesses and service sectors to keep economic growth above 8 percent for the coming year," he added.

The HSBC survey showed that employment levels in the Chinese service sector increased at the fastest pace since June last month, in response to potential need of company expansion plans. The average input costs rose at the slowest pace in 13 months, according to the survey.